162 Spring St, Charleston, SC 29403
Property image
Property image
FOR SALE

$5,000,000

Original price: $5,200,000
  • 12 Beds
  • 10 Baths
  • 5,881 sqft

162 Spring St, Charleston, SC 29403

Cannonborough/Elliottbororugh
Est. Mortgage $27,580/mo*
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Home Highlights

Single-Family Home
Built in 1880
$850/sqft

Local Information

  • Map ViewExplore the area around 162 Spring St.
  • Schools2 Preschool Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Looking for that perfect investment property? Look no further than 162 Spring Street: a turnkey investment asset featuring twelve bedrooms, ten bathrooms, seven off-street parking spaces, and a triple-net-leased restaurant in the heart of Charleston's STR overlay. On pace for over $400,000 in gross revenue! Approximately 5,881 square feet across three separate buildings. All furniture and fixtures included in the sale . The property transfers with a proven rental revenue history and a sitting commercial tenant.The front building includes two, 2BR/2BA STR-licensed condos positioned behind a fully leased NNN commercial space. (Three units total)The middle building is a 4BR/3BA single-family home built in 2018.The perfect house to own downtown, that doesn't come with the deferred maintenance of a 100 year old historic home.The last building on the property is another 4BR/3BA home of matching construction vintage, equally equipped for short-term rental performance. Cannonborough-Elliotborough is the most-watched submarket on the peninsula -- Michelin-starred operators (Vern's, Chez Nous), independent retail along Spring and Upper King, and a guest demographic that skews higher-income and longer-stay than the City Market tourist corridor. The opportunity to acquire four fully licensed and operating short-term-rentals PLUS a restaurant space is a rare find here in Charleston.
Last check for updates: about 9 hours ago
Listing courtesy of Premier Realty
Source: CTMLS, MLS#26014869
Also Listed on CTMLS.

Home Details for 162 Spring St

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 10Number of Bathrooms (full): 10
Dimensions and Layout
Living Area: 5881 Square Feet
Appliances & Utilities
Utilities: Charleston Water Service, Dominion Energy
Heating & Cooling
Heating: Central,Electric,Natural GasHas CoolingHas HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 2Entry Location: Ground Level
Security
Security: Fire Sprinkler System

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
No CarportNo Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 110

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property

Price & Status

Price
List Price: $5,000,000Price Per Sqft: $850

Location

Direction & Address
City: CharlestonCommunity: Cannonborough-Elliotborough
School Information
Elementary School: James SimonsJr High / Middle School: Simmons PinckneyHigh School: Burke

Agent Information

Listing Agent
Listing ID: 26014869

Building

Building Area
Building Area: 5881 Square Feet

Lot Information

Lot Area: 9583.2 sqft

Offer

Listing Terms: Any, Cash, Conventional, 1031 Exchange

Miscellaneous

Mls Number: 26014869

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cannonborough/Elliottbororugh

At least 39 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 90 % Say it's walkable to restaurants

  • 90 % Say there are sidewalks

  • 76 % Say people would walk alone at night

  • 63 % Say neighbors are friendly

  • 62 % Say streets are well-lit

  • 60 % Say there's holiday spirit

  • 59 % Say yards are well-kept

  • 55 % Say car is needed

  • 50 % Say parking is easy

  • 44 % Say kids play outside

  • 43 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say it's quiet

  • 22 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Lisa Schlegel
    "Cute houses, lots of young people, there’s tons of shopping, bars and cafes near, all within walking distance. Great parks, too."
  • Trulia User
    "i feel like it's a good, peaceful, n quite neighborhood i want to be at i like to be at peace & happy "
  • Trulia User
    "Just visiting this charming area,but extremely noisy street. Fun if visiting, but would not want a home here. Very close to King street which is amazing"
  • Ryanbbergeson
    "It’s very dog friendly with bags on some doors to pick up. Everybody loves a dog! Just be sure to clean up after them. Dog park is nearby too."
  • Vogelheimkelly
    "Living here for over a year now, lots of great restaurants and bars and the people are very friendly"
  • Harperdwmobley
    "There is no place like Charleston. For fantastic and less than stellar reasons. Beautiful city, but don’t walk alone at night. Everywhere is walkable or bikeable "

Market trends in Charleston

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$600K
$15K
MoM
Sale-to-List Price
97.4%
0.2%
MoM
Price per sq ft
$341
$7
MoM
Available listings
1646
133
MoM

Home Value

Trulia Estimate
$4.78M
Since last month
Decreased$131K (-2.7%)
Since last year
Decreased$434K (-8.3%)
Since last sale
Increased$2M (+60.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +71% in the last 10 years
MonthEstimated value
2026
September 2026$4.78M
August 2026$4.73M
July 2026$4.92M
June 2026$5.06M
May 2026$5.22M
2020
2019

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$2,675,000
11/03/25
8
8.5
2,960
0.52
Single-Family Home
$3,695,000
10/24/25
8
7
4,708
0.09
Single-Family Home
$2,850,000
03/11/26
5
3.5
2,550
0.91
Single-Family Home
$3,775,000
04/14/26
10
8
5,695
0.27
Single-Family Home
$2,100,000
12/31/25
4
4.5
3,064
0.44
Single-Family Home
$1,590,000
01/29/26
10
5.5
3,968
0.11
Single-Family Home
$2,168,000
06/30/26
5
5
2,050
0.12
Single-Family Home
$2,450,000
02/17/26
4
3
4,074
0.67
Single-Family Home
$5,495,000
05/22/26
8
7
5,254

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$3,500,000
-
-
-
For Sale
0.04
-
-
-
-
Off Market
0.03
$2,735,600
8
8.5
2,960
Off Market
0.00
$1,600,000
4
3
1,608
For Sale
0.00
$1,500,000
4
3
1,608
For Sale
0.00
$1,000,000
2
3
1,325
For Sale
0.00
$900,000
2
2
950
For Sale
0.00
$5,000,000
12
10
5,881
For Sale
0.06
$1,885,000
6
5
3,195
Recently Sold
0.05
$1,484,300
4
2
1,552
Off Market
0.05
$2,825,000
8
4
2,978
Recently Sold

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: CTMLS #26014869
PriceChange
$5,000,000
Price decreased by 4%
Jul 24, 2026
Source: CTMLS #26014869
PriceChange
$5,200,000
Price decreased by 2%
May 22, 2026
Source: CTMLS #26014869
Listed For Sale
$5,300,000
Aug 14, 2025
Source: CTMLS #25013975
ListingRemoved
$2,500,000
May 20, 2025
Source: CTMLS #25013975
Listed For Sale
$2,500,000

LGBTQ Local Legal Protections

Premier Realty
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Charleston Trident Multiple Listing Service, Inc. All rights reserved. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 162 Spring St

  • What is the estimated monthly payment for 162 Spring St?
    Based on a $5,000,000 list price with 20% down at today's rates, the estimated monthly payment for 162 Spring St in Charleston, SC is approximately $27,925 (about $26,475 principal & interest, $1,375 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 162 Spring St compare to homes in Charleston?
    162 Spring St in Charleston, SC is listed at $5,000,000, about 733% above the $600K median sale price in Charleston.
  • What do residents say about the Cannonborough/Elliottbororugh neighborhood?
    Residents describe the Cannonborough/Elliottbororugh neighborhood in Charleston, SC as dog-friendly, walkable to restaurants, and pedestrian-friendly. See homes for sale in Cannonborough/Elliottbororugh, Charleston.
  • What are the closest schools to 162 Spring St?
    The closest schools to 162 Spring St in Charleston, SC are Burke High School (rated 1/10), James Simons Montessori School (Pre-K/Elementary/Middle, rated 7/10), Mitchell Elementary School (Pre-K, rated 2/10).
  • Does 162 Spring St have air conditioning?
    Yes, 162 Spring St in Charleston, SC has air conditioning.
  • How big is the lot at 162 Spring St?
    The lot at 162 Spring St in Charleston, SC is about 0.22 acres (9,583 sq ft).
162 Spring St, Charleston, SC 29403 is a 12 bedroom, 10 bathroom, 5,881 sqft single-family home built in 1880. 162 Spring St is located in Cannonborough/Elliottbororugh, Charleston. This property is currently available for sale and was listed by CTMLS on May 22, 2026. The MLS # for this home is MLS# 26014869.